The amount of non-fungible token (NFT) trades on the Cardano blockchain has increased significantly.
With a total trading volume of $190,754, Cardano is now just outside the top 10 chains according on the most recent statistics, which shows a growth in sales volume of 18.08%.
Ethereum maintains its top spot
The present NFT trading volume landscape reveals a wide range of performance among the top chains.
Ethereum continues to be the market leader with sales of an astounding $18 million, up 17.97%.
Notably, Solana, which was ranked second, had a decrease in revenues, which fell by 29.61% to $7.9 million.
Notably recognised more as a digital money than as a platform for NFTs, Bitcoin has likewise experienced a 5.06% decline in NFT sales.
Smaller businesses like Flow and Mythos, on the other hand, have seen significant improvements in sales volume; the latter has increased by an astounding 34.57%.
Top NFT collections
Despite a slight rise in the number of transactions, Ethereum’s CryptoPunks stand out from the competition with an astounding $4.5 million in sales.
CryptoUndeads have had a 65.74% growth in sales volume on the Solana chain, showing strong collector demand.
Notable trade volumes have also been found in other collections, such Avalanche’s Dokyo and Bitcoin’s Uncategorized Ordinals. Sales of ImmutableX’s Gods Unchained Cards total $683,975.
